Under the banner of its longstanding "We Help You Make It" promise to foodservice operators, US Foods Holding Corp. (NYSE: USFD) today introduced an expanded series of resources and solutions to help restaurateurs adapt to changing industry needs and prepare for a successful and safe reopening.
Taking a look at two companies that have seen their stock prices plummet since the beginning of the year.As we move forward with the second earnings season of the year, CEOs' comments on their businesses will be crucial in our decision-making process.There ar…
US Foods Holding Corp. (NYSE: USFD) today announced the commencement of a private offering (the "Offering") of $800 million aggregate principal amount of senior secured notes due 2025 (the "Notes") by its direct, wholly-owned subsidiary, US Foods, Inc. ("US Foods"), subject to market and other conditions.
US Foods Holding Corp. (NYSE: USFD) today announced that affiliates of KKR have agreed to purchase $500 million in newly issued convertible preferred stock of US Foods.
Around 500 modern heavy duty Track Maintenance Machines along with track, signal and Overhead Equipment (OHE) maintainers have worked regularly for 10,749 machine days to complete overdue track maintenance of 12,270 km plain track, it said.
Investors applauded some good news in the battle against the COVID-19 pandemic, as consumers could trickle back to their favorite restaurants again.
US Foods Holding Corp. (NYSE: USFD), a leading foodservice distributor, today announced it has donated more than $10 million in food and supplies to local food banks and charitable organizations across the country since the beginning of March. The donations include items such as meat, dairy, produce and other non-food supplies.
US Foods Holding Corp. (NYSE: USFD) today announced that it has successfully completed the previously announced $970 million all cash acquisition of Smart Foodservice Warehouse Stores ("Smart Foodservice"). The transaction that closed today excludes the Smart & Final retail grocery business, which was previously separated from Smart Foodservice.
Joining me on today's call are Pietro Satriano, our CEO; and Dirk Locascio, our CFO. Since Mid-March of 2020, toward the end of our first quarter, the business operations of our restaurant, hospitality and education customers were significantly disrupted by the spread of the COVID-19 virus.
US Foods Holding Corp. (USFD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
A Railway Ministry note informed that the department has used the lockdown period as 'once in a lifetime opportunity' to wipe out these maintenance arrears and take up the execution of work without affecting the train service."
Moody's Investors Service, ("Moody's") today downgraded US Foods, Inc.'s (USF) corporate family rating (CFR) to B2 from Ba3, probability of default rating (PDR) to B2-PD from Ba3-PD, senior secured bank facility to B3 from Ba3 and senior unsecured notes rating to Caa1 from B2. Its speculative grade liquidity rating was downgraded to SGL-2 from SGL-1. In addition, Moody's also assigned a B3 rating to its proposed senior secured notes due 2025 and a B3 rating to its new senior secured term loan.
ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD), a leading foodservice distributor, today announced it has donated more than $10 million in food and supplies to local food banks and charitable organizations across the country since the be…
ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) Chairman and Chief Executive Officer Pietro Satriano and Chief Financial Officer Dirk Locascio will present at the BMO Farm to Market Conference on Thursday, May 14 at 10:00 a.m. EST (9:00 a…
US Foods Holding (NYSE:USFD) shareholders are no doubt pleased to see that the share price has bounced 40% in the last...
Around 500 modern heavy duty Track Maintenance Machines along with track, signal and Overhead Equipment (OHE) maintainers have worked regularly for 10,749 machine days to complete overdue track maintenance of 12,270 km plain track, it said. Ultrasonic flaw de…
Prior to the COVID-19 outbreak, Sysco had a strong history of consistent profit growth and superior profitablity.This superior profitability provides the company greater resources to survive the current downturn, while also benefiting from the economic bounce…
ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) today announced the launch of the company’s latest COVID-19 online operator resource, the US Foods Restaurant Reopening Blueprint. The Restaurant Reopening Blueprint provides operators with …
ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) today announced the pricing of the previously announced private offering (the “Offering”) of $1 billion aggregate principal amount of its 6.250% senior secured notes due 2025 (the “Notes”) by its direct, wholly-owned subsidiary, US Foods, Inc. (“US Foods”).
Prior to the COVID-19 outbreak, Sysco had a strong history of consistent profit growth and superior profitablity.This superior profitability provides the company greater resources to survive the current downturn, while also benefiting from the economic bounce…
US Foods Holding Corp. (USFD) closed at $17.03 in the latest trading session, marking a -1.79% move from the prior day.
US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the first quarter of fiscal 2020. In this press release we refer to certain organic financial results. Organic financial results exclude contributions during the respective period from the Food Group of Companies (the "Food Group"), which was acquired on Sept. 13, 2019.
ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the first quarter of fiscal 2020. In this press release we refer to certain organic financial r…
Q1 2020 US Foods Holding Corp Earnings Call
In the latest trading session, US Foods Holding Corp. (USFD) closed at $17.99, marking no change from the previous day.
Q2 2018 US Foods Holding Corp Earnings Call
KKR is buying a majority of Coty’s professional beauty and retail hair businesses, as well as acquiring preferred, convertible stock.
Coronavirus update: Ultrasonic flaw detection (USFD) of 30,182 km of track and 1,34,443 rail welds has been carried out with USFD machine
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Sage Borrowco, LLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. Since 1 January 2019, Moody's practice has been to issue a press release following each periodic review to announce its completion.
US Foods Holding Corp. (NYSE: USFD) Chairman and Chief Executive Officer Pietro Satriano and Chief Financial Officer Dirk Locascio will present at the BMO Farm to Market Conference on Thursday, May 14 at 10:00 a.m. EST (9:00 a.m. CDT).
USFD earnings call for the period ending March 31, 2020.
Q1 2020 US Foods Holding Corp Earnings Call
US Foods Holding (NYSE:USFD) shareholders are no doubt pleased to see that the share price has bounced 38% in the last...
Now is an excellent time for investors to buy quality businesses, with the cash flows to survive the downturn, at significant discounts.